Difference between Stocktaking and Inventory

Stocktaking

Part of speech: noun

Definition: the act of taking an inventory of merchandise etc. the reappraisal of a situation or of one's prospects

Inventory

Part of speech: noun

Definition: The stock of an item on hand at a particular location or businessa detailed list of all of the items on handthe process of producing or updating such a list

Part of speech: verb

Definition: To take stock of the resources or items on hand; to produce an inventory.

Example sentence: All the particles that we are made of only account for about four per cent of the cosmic inventory.